John,
You are correct, if this company traded on the fundamentals, we would be trading at much lower levels.
But, the hints and rumors of approvals, DMB meetings, buyouts and financing packages, along with a great pipeline, keeps investors interested.
One day we may wake up and read the news we've all been waiting to read.
But, until that day, we are destined to stay at or below current levels, with the occasional run on rumor, as we have seen in the recent past.
Good trading,
prsch3259
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